Nooteboom acquires Floor

25 April 2008

Specialized trailer manufacturer, Nooteboom, has acquired Floor Trailers. Netherlands-based Nooteboom Holding, owner of Royal Nooteboom Trailers, made the announcement in early December.

Floor is a long established, family-owned manufacturer of specialized trailers for niche markets, especially brick hauling trailers with travelling loader cranes and drawbar trailers. Nooteboom said the company regards the acquisition as a logical step because Floor's product range compliments Nooteboom's. In addition, there is the practical advantage that the companies are located adjacent to each other in Wijchen, the Netherlands, so both manufacturers can optimise production through synergy and innovation.

Floor will continue to produce its existing product range under its own brand. Nooteboom plans to significantly increase Floor's turnover by applying its expertise in manufacturing and marketing and by using its existing national and international sales and dealer network.

Marc de Leeuw, general manager of Royal Nooteboom Trailers, and Marcel de Jong, general manager of Floor Trailers, will work together, sharing their knowledge and expertise and reporting to the Nooteboom Holding Board. Nooteboom Holding already owns two subsidiaries - with a combined turnover of € 90 million - predominantly designing, developing and manufacturing transport equipment.

Royal Nooteboom Trailers B.V., the largest subsidiary, is a major European player in the production of vehicles for abnormal road transport, while NTOS Used Trailer Centre concentrates on buying and selling used special transport vehicles worldwide. The subsidiaries employ more than 450 people and sell about 1,300 vehicles a year.

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